Dec 5, 2013 7:00pm EST
tell them that people will lose their jobs if they're low-skilled or that technology is going to start replacing some of these jobs, and then you get a much different reaction from the public. you get support down in the 30% range and quite frankly, now because technology has raced ahead from where it was in the '80s and the '90s, there are jobs that are about to be replaced in fast food restaurants that are about to disappear. >> that's the risk. you may not agree with it but you've got to acknowledge that's the risk. we have a lot of small business people and franchisees on this network and they say if you raise the minimum wage for the low end workers, that's going to cut into our profits, either we raise prices of the meals we're serving or we have to lay them off. >> well, most economists think it will not have an effect on hiring so there was a big study that looked at a 15-year time span comparing counties that had raised the minimum wage and counties that hadn't and there was no effect. the chicago fed recently put out a paper saying that it would have a stimulative effect beca
Dec 3, 2013 7:00pm EST
in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> narrator: in this episode of "american greed"... a pharmaceutical giant is accused of putting profits over patients. pfizer pharmaceuticals goes beyond fda limits and pushes a pain pill called bextra to the masses. >> this was about putting bottom line above the patients' lives, and that's wrong. >> narrator: the illegal marketing has already cost some the ultimate price. [ monitor beeping ] and later, in southern california, jeanetta standefor convinces 600 investors their cash is rescuing homeowners from foreclosure. >> it felt like everyone was going to win. >> narrator: the would-be marketing mogul relies on
Dec 4, 2013 7:00pm EST
at computers and technology than my generation sure is. i'm a baby boom guy. is it because the website was so bad, so poorly designed and the president kind of lied about it? is that part of the issue here? just like uncool website? >> well, i don't think the president did himself any favors when he compared it to websites that millennials use every day like kayak and other websites where younger voters typically are because those websites work. those websites are clean. the interface doesn't crash and i think that it certainly didn't help from a cosmetic standpoint the president's argument that health care would be beneficial to everyone and would be working on time. >> all right. alex, another question. i'm trying to understand this whole issue. i mean, the guy's just got real bad numbers among one of his key constituencies which tells me there's great political change going on out there. did his falsehoods, in other words, going out there for several years and saying if you like your insurance you can keep it, if you like the doctor, you can keep it. turns out that is simply not the case.